Soddy Daisy Investment
For Sale
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8903 Nelson Rd, Soddy Daisy, TN 37379
Eight-unit property in a rapidly growing area.
Property SizeContact for details
Days on Market897
Property Features for 8903 Nelson Rd
General Information
Standard status
Active
Property subtype
Mobile Home Park
Occupancy
100%
Investment Type
Stabilized
Building Details
Buildings
8
Units
8
Listing Agency:
KW Commercial
Listed By:
Simeon Hinchman · License #TN 375181
(423) 883-1282
Source:
Crexi
Added: May 10, 2024
Changed: Oct 8
Last Checked: Oct 23 at 3:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial
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Investment Insights
Based on property information with market context.
Located in Soddy Daisy, Tennessee, 8903 Nelson Road presents an investment opportunity. This eight-unit property offers a chance to acquire a stabilized investment. The property is situated in a rapidly growing area off Hixson Pike, providing access to amenities. The property consists of multiple addresses with varying rents: 8903 Nelson Road ($900), 8831 Nelson Road ($1,050), 1933 Wilkes Ave ($575), 1931 Wilkes Ave ($900), 1929 Wilkes Ave ($750), 1927 Wilkes Ave ($750), 1928 A Wilkes Ave ($900), and 1928 B Wilkes Ave ($600). The gross monthly income is $6,425. Tenants are responsible for all utilities. Annual expenses include $3,465 for lawn care and $1,397.16 in taxes.
Key Highlights
- Stabilized 8‑unit investment property with strong financials.
- Located in rapidly growing Soddy Daisy, TN.
- Convenient access to amenities via Hixson Pike.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
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Business Placement
Demographics for 37379, TN
28,552
Population
12,089
Households
2.4
Avg Household Size
44
Median Age
26%
College-Educated
92%
High-School Grad
106.4 sq mi
ZIP Area
268
Density / Sq Mi
$85,525
Median Household Income
$44,662
Median Earnings
$988
Median Rent
$277,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Eight-unit property in a rapidly growing area.
Where is this mobile home & rv park located?
The property is located at 8903 Nelson Rd Soddy Daisy, TN.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Stabilized 8‑unit investment property with strong financials.; Located in rapidly growing Soddy Daisy, TN.; Convenient access to amenities via Hixson Pike.
